A airline Azul said on Friday night (23) that the board of directors proposed to its shareholders the group of shares in proportion to 75 actions to form a action.
With this, the social capital will remain in the amount of R$ 16.77 billionbut will now be divided into 9.253 trillion common shares.
The proposal aims to adapt the number of shares to the operational parameters and limits applicable in the secondary market.
The measure will be voted on by shareholders at an extraordinary general meeting on February 12th, along with other decisions related to the consummation of the company’s exit plan. Chapter 11.
